Business
Business, 06.05.2020 08:31, randee56

Which of the following are examples of collusion?

A. The menu prices at restaurants in New Buffalo, Michigan, a small lakeside town, increase during the summer months and decline starting November 1.

B. Three major airlines meet to discuss pricing strategy and as a result prices for airplane tickets rise.

C. The two firms in a small rural town that employ most of the people in that area agree to keep wages low.

D. Two steel manufacturers apply the same new technology, which increases productivity for both.

E. All the seafood restaurants in a coastal town increase their prices after a bad storm reduces the amount of fish being caught locally.

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Answers: 3

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Which of the following are examples of collusion?

A. The menu prices at restaurants in N...

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